Complete Guide: Borrowell Vs Equifax

Everything You Need to Know About Borrowell Vs Equifax in 2022

In the past couple of years, it has ended up being much simpler, less complicated as well as cheaper for Canadians to promptly and firmly acquire their totally free credit report and credit score record immediately online.

Before 2016, the best way for Canadians to obtain their credit history report and credit history online was to get a complimentary test of Equifax’s premium services, or to sign up for Transunion’s comparable offering.

The good news is, late in 2016 a leading on-line financing carrier, Borrowell, partnered with Equifax to provide cost-free credit records and also ratings to all Canadian customers. This drastically changed the market landscape overnight.

Sign up with over 2 million various other Canadians as well as quickly obtain your totally free credit rating as well as totally free debt record now Free Credit Score and Credit Report From Borrowell

What is Borrowell?

Borrowell is a Toronto based fintech company with the goal of making monetary success feasible for all Canadians. They offer accessibility to on the internet credit scores education, innovative credit rating devices.

They were the very first business in Canada to bring complimentary credit reports and ratings from Equifax to the on the internet masses.

They likewise spearheaded the concept of an AI powered credit score instructor with their Molly credit rating train offering. Molly makes customized referrals concerning exactly how to improve credit report, and what credit items would certainly be finest fit per customer based on their specific credit scores report factors.

In July of 2022 they launched Borrowell Rent Advantage which is the very first item to allow Canadians to build their credit score just by paying their rent monthly promptly. As of press time, this solution is just being used to select Borrowell clients at a registration price of $5 each month.